The airline’s Chairman and CEO Sheikh Ahmed bin Saeed al-Maktoum said lower oil prices had saved Emirates around Dhs2 billion during the financial year.
The airline chief also denied that its recent US route expansion was part of a reprisal to American carriers calling for a freeze to flights by Gulf airlines to the US.
Three American airlines alleged in January that Emirates, Etihad Airways and Qatar Airways received more $40 billion in state subsidies in the last decade.
The contract includes a long-term “Totalcare” package, which means Rolls-Royce will also provide service and maintenance to Emirates for the Trent 900 engines.
The airline’s capital spending on aircraft and other aviation equipment pumped in $2.6 billion to the European economy last year while supporting 28,100 jobs.